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What is an Installment Loan?

The ever-increasing cost of national expenditure has made people breathe heavily to manage the standard of living and making ends meet. The only solution left out for survival is to seek external financial assistance in terms of installment loans, which you can explore more at Planet-Loans.com.

What is an Installment Loan?

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Any type of credit, which is paid back over a certain period of time on a fixed schedule is known as “Installment Loan”. The function is to divide the cost of a large purchase over a time period so you can have the item upfront. It helps for bad credit users to consolidate their debs to bring harmony between your existing financial state and your devouring demands.

There are many advantages to taking it. They have predictable monthly payments, so you can budget money well. They also have early repayment options. Plus, they have a low-interest rate and the opportunity to use them as a tax deduction.

For better understanding, we have examined the most common types of installment loans for those looking solely to build credit. Mortgage, personal and auto loans are some of the most common examples.

Key Features

Source:rightfinancial.com.au
  • Fixed Payment

A fixed payment is the amount of money you are required to pay toward the installment loan on a regular basis. For instance, when you have a mortgage you pay off a 30 year fixed loan with a set of monthly payments that gets applied toward the principal, interest, taxes, and insurance. That is why credit cards are not because the monthly payments are not fixed.

  • Lowest-Interest Rate

Source:newscase.com

The interest rate on an installment loan affects both the fixed payment as well as the financing costs over the life of the credit. The lending term is the length it takes to repay. Most commonly the loan on a mortgage is either 15 to 30 years. Auto and personal loans are much shorter in terms of the repayment period.

  • Collateral Damage

One of the key features of an installment loan is whether or not it is secured or unsecured. A secured installment loan like a mortgage, auto, or boat, requires that you put up collateral to get financing or a more reasonable interest rate. If you fail to pay the creditor can repossess the property you put up as collateral.

Unsecured credit does not carry the risk of losing the property because they do not require you to put anything up as collateral. If you default, you can risk a negative impact on your credit score. Personal loans are often unsecured. To get a good interest rate on an unsecured loan, you typically need to have good credit. When you have a good history of paying off debts, it can play a big role in whether or not you are approved for an advance.

Factors to Consider Before Applying

Before applying for installment loans for bad credit, you should have considering the following factors before applying for an installment loan, as these tips might be useful:

  • Search Wisely For Lenders – You first need to consider a number of lenders. The number of installment lenders in the market has greatly increased and finding one to offer you the loan should not pose a very big challenge.

However, it is not advisable to rush into a deal with the first lender you come across without actually comparing what other lenders have to offer. This is a move that should help you find lenders who charge affordable interest rates for the advance.

Source:paydaysoloonline.com
  • Review Your Credit Rating – You should also review your credit ratings prior to submitting a credit application. Most credit reports are less impressive simply because of errors in them. So prior to submitting your application, you should grab your report and look for any errors that it may contain. If you notice any, it is important to have it corrected as this may lower your interest rates.
  • Don’t Over Borrow – You should avoid over-borrowing. The more you borrow, the higher your interest rate is likely to be. So to avoid paying more, you should only borrow what you actually need. This type of financing would also not be suitable for things like funding vocational trips.
  • Payback Duration – The duration you are given to repay the loan is also very important. With installment loans, you can have up to a maximum of five years to repay. However, the faster you repay it, the better. As such, it is advisable to repay your credit within a year if you can manage to raise large monthly installments that accompanies it.
  • Deal with Legit Companies – When looking for this type of loan, you must also ensure that you only deal with legit companies. Make sure you verify the lender’s details from the government authorities. This is very important, especially when borrowing from online lenders. You can also search on the internet for any reviews or complaints made against the said lender. This will help you know how the company carries out its business and how it deals with clients.
  • Terms & Condition – Other terms and conditions of the service are also very important. For instance, you must consider if there will be any penalties should you decide to clear the loan in one installment. You must also understand if there are fines for defaulting and try to avoid them. All these will go a long way in determining how much you repay and must therefore be taken very seriously.

Conclusion

A poor rating should not stop you from reaping the benefits of installment loans and any other type for that matter. The most important thing is to ensure that you understand everything you need to know about the credit before making a decision. In fact, bad credit can actually help you improve your rating if you make all the repayments in time.

Why Should Companies Consider Re-screening Their Current Employees?

HR managers are familiar with the shocking statistics that over half of all applications contain false information, and about 30% of business failures can be attributed to employee dishonesty. As a result, over 95 % of employers carry out, at least, one form of background on potential hires, and about 86% of employers carry out criminal history checks in particular.

However, many employers assume that once a person is hired, they’re good to go for years, even decades. This explains why only 39% of employees conduct secondary background checks on current employees. This is when re-screening employees come into play and is a very crucial decision in any organization.

The problem with this approach is that a pre-employment background check is only valid up to the point it was obtained. If an employee commits a crime, losses work authorization, or has their license revoked, the employer may never find out. This opens up a company for serious legal liabilities in the case of an accident, harassment, or worse. In countries like Australia, fines for employing an illegal worker that does not have adequate work-rights exceed $400,000. Workplaces avoid this fine by conducting a vevo check to see if the worker has adequate work rights in Australia, even after the person has been employed.

That’s why we’re going to explore the top four reasons companies should consider re-screening their current employees:

1. Ensuring a Safe Work Environment

Source:thealmostdone.com

It’s every employers’ responsibility to maintain a safe workplace at all times. A person with a clean record at the point of hiring might have since incurred serious criminal convictions. It may be due to a personal issue the employee is going through. However, if violence erupts in the workplace, the employer will be held responsible for failing to carry out best practices in terms of workplace safety. By re-screening employees, employers can take note of staff members that pose new risks to the work environment.

2. Protecting Client Safety

Without re-screening current employees, it’s possible for employers to unknowingly trust their business assets to individuals with a serious criminal record. In today’s digital age, business assets are usually in the form of digital data. In order to avoid security breaches and database hacks, sensitive information must be protected by the most trustworthy individual.

Source:chanesolutions.com

3. Discovering Employees that Skidded through the cracks

Sometimes, job candidates do get away with the lies they tell, maybe it’s about their education, experience, or criminal record. Without re-screening employees, there’s no way to catch such dishonest individuals. Imagine a scenario where a person lies about having a degree when they don’t and then rises to a prominent position within the company years down the line. If such information becomes public, it can tarnish the reputation of the organization. This also means that violent individuals and sex offenders may be part of the workforce.

4. Theft Prevention

Criminal history checks through a government accredited service like Australian National Character Check and credit history checks are part of the routine for job roles in the financial sphere. Imagine a candidate passes those checks at the point of entry but two years down the line is at the brink of bankruptcy either due to a vicious divorce or medical emergency. With such immense financial pressure, such an individual might succumb to theft. However, by re-screening employees, employers can get a sense of major changes in the lives of their employees and how it will affect their ability to effectively and honestly fulfil their roles.

5. Keeping updated with changes in the employee’s lives

An employee may be free of any criminal records when they were first hired. But it is not uncommon for people’s lives and situations to change. Therefore, some employers may re-screen their employee to check if their criminal history checks are free of any criminal records. Some organizations also have the policy to check their certificates or licenses on a regular basis. Other records they may want to see are the credit card report, driving records, drug testing, financial management such as gambling risk or sanction lists specific to an industry which is subjected to changes over time.

Source:sterlingcheck.com

6. Inspect someone with new responsibilities

With new responsibilities comes new challenges. Employees should be considered for re-screening when they are transferred to a different department, are promoted or are appointed to new duties and responsibilities. The main reason is as their responsibilities change, it is of vital importance to check their suitability towards that job. It could be that the employee you are planning to promote or provide extra responsibilities with is not a perfect fit for that position.

7. Employee transfer

Source:getdrawings.com

Some companies have business setups outside their country or region and need employee transfer to those branches. It is preferable to get a screening check done when an employee is moving out of the state or country for business purposes. Sometimes, an international screening needs to be done for the other country and the initial checks are not relevant. It is also common for businesses when they merge and the standards are changed.

Not only the temporary staff require a re-screening check, but there are companies which frequently re-screen their board members too as per the rule of the organization. This is done to meet the high-security standards of the company to not only recognize the internal threats associated but it is also an opportunity to identify the employees and their history. This should be made as a part of the company policy.

Conclusion

Although many employees may find this offensive and some might not even be willing to undergo one, there are explanations to support this decision. The advantages far outweigh the disadvantages. All companies should incorporate a robust re-screening practice into their HR policy. Current employees should be screened, at least, once every two years. Moreover, if an employee gets promoted or changes their job role, they should be screened to ensure that they meet the requirement for their new position. A decision as small as this can make a big difference in the company as this will ensure the employees potential to perform their duties.

Everything You Need to Know About Green Card

The green card is a crucial factor in having a permanent residence in the U.S. It would allow people outside the U.S to gain high wages and live bountifully in the country and become a citizen after three to five years. If you are an immigrant who is at least 18 years old, you must bring a green card all the time. However, you don’t have the same duties and privileges as the natural-born or naturalized citizens of the United States.

You have distinct ways of exercising your freedom within which are ineligible to vote and hold public office. To know more, the stated facts below are further information about the green card.

Facts about Green Card

Source:nyintl.net

The green card is called a legitimate residence permit, but in appearance, they’re green in color; that is why they put the term green. This kind of card is also authorized government records, and they are called I-551 Form on paper. Click here to know more about this information.

Here are the seven essential facts you also want to understand:

  • The Green Card is a great privilege. It means that while you live in the United States, you must uphold a high standard of moral character and conduct. Moreover, it is withdrawable, and you, as the holder, can also be subject to deportation with certain offenses committed under the Immigration Law.
  • As a Card Holder, you should maintain a primary residence in the country.
  • It doesn’t allow you to travel in and out of the United States unlimitedly.
  • You have to submit a U.S. Income Tax as part of the conditions of being a Green Card Holder.
  • Undocumented immigrants are usually ineligible for a Green Card due to their immigration status. However, some undocumented immigrants may allow a Provisional Waiver of Inadmissibility to detach the disqualification if they can prove that being separated from their U.S. citizen spouse or parent will inflict severe difficulty.
  • Whether you are under 18 or mentally and physically impaired, you don’t need to sign your green card. The green card will appear, “Waived signature,” you are eligible for this exemption if you fulfill any of those requirements.
  • After ten years, Green Cards will expire. When you fail to reauthorize its validity, you may face legal consequences.

The methods of obtaining a green card often undergo updates and adjustments. It is best to determine first which kind of green card you want and then examine the criteria for that Form. The following stated below are the different types of Green Cards.

Different types of Green Cards

Employment-Based Cards

To have an employment-based green card, you must have an employer from the United States citizen who will support your application. This way goes through a phase of labor certification, though exceptions may occur in some cases.

The following lists the subcategories of employment and the forms of work falling under them:

EB-1 Priority Workers

Source:immi-usa.com
  • People who have an excellent ability in the arts, sciences, education, business, and athletics.
  • Outstanding researchers or professors
  • Multinational Executives and Managers

EB 2 Professionals with advanced degrees or exceptional abilities

  • Positions which require a Master’s degree
  • Those people with exceptional ability in the sciences, arts, or business.
  • Those qualified people who are physicians will practice medicine in the U.S., particularly those underserved areas.

EB-3 Skilled, unskilled and professional workers

  • Skilled workers that require a minimum of two years’ of practice and expertise
  • Unskilled workers need less than two years’ of preparation or knowledge.
  • Professional workers require a baccalaureate degree from a U.S. university or other schools outside the U.S equivalent of this degree.
Source:immigrationvisaus.com

EB 4 Special Workers

  • Employees who served the U.S. government abroad
  • Religious workers
  • Media Professionals

EB 5 Investors

  • Those non-U.S. nationals invested $ 1 million in a new U.S. company to build jobs for at least ten employees.

Family-Based Eligibility

If you have a family in the U.S, you can be sponsored by such relatives to have a permanent residency. Members of the family who may act as sponsors include parents, relatives, children, or spouses. If your sponsor is a holder of the card and not a resident, they must be the applicant’s child or spouse.

Moreover, widows and widowers married to a resident of the United States when the citizens died are also part of this classification. The spouses of living U.S. citizens and existing green card holders applying based on marriage, widows, and widowers need to show that their marriage was valid.

Marriage-Based Green Cards

Source:freedomimmigrationusa.com

If you marry a resident of the United States or a Holder of the card, you are eligible for permanent residency dependent on this marriage. It extends to both traditional couples and same-sex partnerships as same-sex marriage was acceptable in the lens of a civil right by the Supreme Court. This procedure includes Form I-130, Form I-485, or some variation after filing for a K-1 visa to enter the country and get married.

Diversity (DV) Lottery Green Card

The U.S. government provides 50,000 diversity visas per year to applicants from various nations that send limited numbers of immigrants to the United States. If you are interested in applying, you may begin in October of the year before the lottery and start searching for eligibility online in May following. If accepted, you are going through an interview process and showing your ability. It is necessary to act abruptly, because more applicants are qualified than visas, and issued after the lottery on a first-come, first-served basis.

To live and work in another country, engrossed with different cultures, and acquainted with new faces can be a great experience. Some people come to the U.S. usually for educational purposes, but many of them want to find a job. If you wish to apply for permanent work and get a green card, it will take much effort and a sponsor to be accepted. Fortunately, you can own the card through your outstanding ability, and it will surely help you achieve your desire to become a permanent resident.

Undeniably, the United States is a great country. There are myriad opportunities to offer for their people, and many of us would render the risk in exchange for a better living. The country is reliable for great opportunities, but it also has many tourist sites that you will surely love to visit. If you are keen enough to live in the United States permanently, you should make sure to know everything about Green Card and your rights and responsibilities as a holder.

5 Reasons Why Moving East Changes You For The Better

Relocation and moving are never easy. They affect our lives to a great extent. Yet, sometimes we are forced on them because of better living conditions or better business offers that may arise. If you live and work in the US, then you’re probably facing a dilemma: Where is the best place for you? Should you go to the West or maybe live your life on the East Coast? The biggest dilemma arises when you hesitate between two big cities such as Los Angeles and New York. What to choose? What to stick to? Our choice falls to the east, and we will give you 5 reasons why moving east changes you for the better.

Moving To The East

Source:pods.com

You should always have a valid reason for moving. Changing jobs, changing the environment, starting a family, etc. But, for such a big step from one part of America to another, from sunny LA to rainy and huge New York – you should have a very strong and serious reason. You don’t decide to take this step just like that – because you are not moving from one street to the next. You are changing your life from the bottom up – by moving your life to another part of the continent. This life move will certainly be an exciting and adventurous experience. Therefore, we will help you to make it as simple and interesting as possible – with easy steps and with good reasons, because you are moving to a better place.

Preparation And Time Saving Are Important Factors

For such a big step, in addition to the good organization and preparations that are necessary, everything must be flawless – that is, every move must be known in advance. Because of the great distance between LA and New York, you have to be in coordination with everyone involved in the move – and besides, you can’t waste a lot of time. First of all, goals and priorities should be set. You need to know what needs to be done first and how to organize yourself well for a trip like this. You have to determine everything in advance. You have to cancel an apartment in LA, find an apartment in New York, hire a company that deals with forwarding, and moving to such distant destinations, etc. You have to prepare and organize all this in advance – because when the moving starts, it may be too late for some changes.

Packing

Source:mymove.com

Don’t wait until the last minute to start packing. Let it be the first thing you start working on. Although you are excited and can’t wait to move into your apartment in New York – first check its square footage. The size of apartments in LA and New York usually differs. In New York, apartments are much smaller – so don’t crowd your NY apartment with a surplus of furniture. You should make a list of big and heavy items and smaller things and wardrobes. Pack your stuff room by room – it’s the easiest way.

Finding A Moving Company

Source:mcfaddengroupmexico.com

Don’t rush when it comes to choosing a moving company. You should always check them up carefully – and have at least three companies with good recommendations. Find out what is included in the price offered to you – and whether there are any additional costs you should know about. According to MoveEast.com – due to the size and length of the journey, the company that will be relocating you must have a license. Such a company should preferably have an extensive network throughout the country. In case of a malfunction of the transport vehicle, the moving company must have an alternative – therefore, it must react quickly by replacing the vehicle. When you find out in detail about the moving company – it’s time to say goodbye to the old life and prepare for the new and more turbulent life that awaits you in New York.

Life On The East Coast – New York

In the most interesting city in the world, you will always have something to do. The first question is: what to visit? The attractions and sights of New York are world-famous, and almost everyone knows the name of at least some of the buildings that capture attention live and on the movie screen. It is best to visit it in spring or autumn. And if you have moved your life to New York, we will give you reasons for a good and successful lifestyle with lots of hobbies and beautiful adventures that you will quickly get used to and enjoy. If you have become a resident of Big Apple, a city that never sleeps – these are the most interesting things you must see and experience in New York and be sure that you will not be disappointed. So let’s find out some of the reasons to move to New York and enjoy it.

Source:thriveglobal.com

1. This Is A Place For Everyone

New York is the most famous city in the world. Songs were sung about it, films were made, and history took place in it. To this day, it remains the most visited, most popular, and most interesting place for millions of people around the world. New York is a place for everyone and offers something interesting for everyone. You have to know that it is a huge city with a population of millions. Beautiful and dangerous, it will give you a soul, but sometimes it is cruel and heartless. If you can make it here – you can make it anywhere. The most popular island is Manhattan – and we first think of that when talking about the Big Apple. However, it wouldn’t be fair to ignore other parts of the city, because each offers something unique and interesting for those who know what to look for.

2. Earnings Are Better, But Most People Spend Everything They Earn

Although salaries in New York are twice as high as in other cities – the price of everything from food to accommodation is also 50-60 percent higher. But most importantly, there are many temptations you can spend your hard-earned money on – great shows, fine restaurants, nice clothes, and educational opportunities. Therefore, many people spend a lot of money in search of the American dream. So, we hope that you have thought well in advance whether you can “survive New York” – or it is better to live in a small town in California or Texas.

3. There Are So Much More Possibilities

Indeed, sometimes it’s not easy to live in New York, and sometimes you feel like you’re banging your head against a wall because there’s so much competition and great professionals everywhere – in music, business, film, dance, architecture, everything. But if you don’t give up and persevere, in the end, it pays off. Here you feel as if there are no limits to your dreams. For most people who move here – New York is a city that gives everyone a chance.

4. Good Fun For Everyone

Source:themasculinetraveler.com

Whether you like a quiet night at a restaurant with friends, a sports bar, clubbing until dawn, or a live gig – in New York you will definitely find something for your soul. Nightlife is one of the strongest local industries, which is why New York always offers different choices for different tastes.

5. Great Career-Building Opportunities

Whatever you do, in New York you will find great opportunities for further career development. This is a place that is especially fertile ground for those who are building a career in areas such as finance, technology, marketing, or fashion. This is precisely the reason why New York is the capital to which parents send their children to study – so that they can later continue to build their careers and make their American dream come true.

New Job Opportunities in the Digital Consulting Boom

Management consulting companies were on the whole, very general in their outlook, and this was especially true of the top firms, such as McKinsey, Bain, and BCG (MBB) Consultants.

A consultancy company would be hired based on its history and track record, even if it had no specialist knowledge of your business sector.

While there are still large numbers of generalist consultants, the focus has moved to more specialist and technical skills-based consultancy. The large firms have diversified their business, creating specific divisions for projects specialized projects.

Digital and tech consulting has seen the most significant growth, with McKinsey Digital, Bain Vector, and BCG Gamma, all dedicated to this specialist sector.

All this means a lot of jobs available for individuals who perhaps would have never had the opportunity to work at a leading management consulting company in the past. For those lucky new recruits who make the transition, they can trade in the limited remuneration from academia or tech startups for something like the Digital McKinsey salary! Check this site for more details.

Source:mckinsey.com

The Changing Industrial Landscape

Go back just 30 years, and the differences in technology are startling. The Internet existed, but it was the home of computer geeks, while connectivity was at dial-up speeds of just 56k. The World Wide Web was just about to be invented, and the world of business was still centered around traditional forms of communication.

Jump forward to 2020, and technology is everywhere. Online retailers such as Amazon have boomed, social media is now a thing, and fintech is revolutionizing the financial world. The speed of change has caught out many who have fallen by the wayside. The pace of change appears to be unstoppable and accelerating.

Businesses that were transitioning through this period faced massive challenges to remain competitive. They needed to adapt and change to survive. Those who embraced the technology have thrived, taking advantage of target marketing made possible through massive data collected about their ideal customer.

All this innovation meant that the generalist business consultant lacked the skills the technology-based companies required. The days of a consultant being a pure thoroughbred MBA, high achiever is passing into the realms of history. New consultancy skills are necessary to match the changing environment and maintain market-share.

The MBB that were traditionally generalist consultancies has been forced to adapt to survive.

Technology-based Consultancy

Source:thequimeragroup.com

Large consultancy firms, such as McKinsey, had been built on the generalist style of tackling problems. The specifics of a particular company and its practices could be learned on the fly, problem-solving methodologies applied to the issue, and a solution given.

As the importance of technology exploded, consultancy firms found their generalist model didn’t fit the customer’s needs. In danger of being left behind, the top firms such as McKinsey could not afford to ignore these projects.

The Generalist Consultant

The education and growth-path of most generalist consultants working with the large companies all followed a similar route.

  • Excellent grades from a top-flight university or institution, such as Stanford and MIT in the United States, or Oxford and Cambridge in the UK. The subject was less important than the grades, but engineering was preferable.
  • Next, an MBA from a recognized and respected business school, such as Harvard, and Wharton in the US and the London Business School in the UK.

There is no doubt that the people coming through this process were highly intelligent, and in the generalist role, they offered value to many projects.

But in the changing business world, with tech leading the way, it became increasingly difficult for the consultant to learn the business’s technical details on the fly. Learning one of the many software programming languages or the intricacies of cybersecurity as you went along just isn’t feasible.

Specializing in a specific area of consulting became inevitable if you wanted to survive.

Technology Consultants

Source:information-age.com

To cater to the new world of technology, consultancy companies sought new staff members with specific technical expertise. Whereas generalist consultants typically followed a set path, described above, gaining expertise in technology could be achieved in different ways;

  • A Ph.D. in a relevant field, and generally a related academic or research background.
  • Work experience in the industry.
  • A combination of qualifications and experience.

Consultancy firms are seeing the benefits of hiring programmers, IT engineers, and IT security specialists directly from academia or tech companies. They had realized that candidates with excellent technical skills could learn the problem-solving skills of being a consultant. In this new digital world, the MBA has become less critical than specialized knowledge.

Recruitment practices in the consultancy industry have also changed to reflect the new requirements. McKinsey, in particular, has switched to using the Digital Assessment during screening tests. Its older Problem Solving Test was similar to the test for MBA candidates, and it actively screened out technical specialists.

In with the New

Source:newjobs4you.com

Traditionally, top-flight consultancy jobs with the MBB would be difficult without an MBA. It was never impossible, but candidates without a good MBA were definitely put off.

The closer focus on technological skills has forced a change in attitude. Consultancy firms do not have the capacity to teach these skills, and therefore need candidates that come with this knowledge.

This is excellent news if consultancy has been on your radar as a career path, but you didn’t think you qualified without an MBA. Your skills are a sought-after commodity, while problem-solving methodologies can be taught on the job.

Time for a Career Change?

Source:technologyforyou.org

If your skillset is in technology, but you always wanted to work in consultancy, then hopefully, this short article has set you thinking.

The old rules no longer apply, and leading consultancy firms, such as the MBB, are actively recruiting individuals with technology skills. They need to do this to remain competitive and relevant to today’s customers.

Even if you don’t have an MBA, so long as you have the tech skills they are looking for, there could be a new career just around the corner.

If you have excellent technical skills, in programming, IT networking, cybersecurity, or something similar, the MBB might want to talk to you. There’s nothing to lose by applying!

How to Protect your Invention from Theft – 2020 Guide

Inventors are people who drive the entire human race forward with the power of their mind. Without their attention to detail and thousands of hours of experimentation and effort, we wouldn’t be where we are at right now.

Sometimes even the simplest inventions can make such a great difference in the development of our society. Just take a look at the wheel, and you’ll realize how something so simple can manage to change the way hundreds of thousands of generations live. Not that the wheel was easy to make, but only one person can come up with the idea, and the question is always who will be the first one to do it.

Modern inventors are a bit different than those in the past. Nowadays we have to focus on making much more complex inventions, or we’ll never be noticed. There are so many people working tirelessly to bring their products and ideas to life, but there’s one thing that makes things a lot more difficult, and that’s money.

Source:thenextweb.com

However, the focus on today’s article won’t be funding your invention, but something that should be done even before the funding part even begins, and that’s protecting it from theft. If you’re looking to learn some more about this, feel free to stay with us until the end. Let’s take a look.

Why protection?

You see, it’s quite easy to get your idea stolen by someone who has money and can use those funds to bring it to life a lot quicker than you can. If something like that happens, society will remember that person as the one who came up with that particular invention, even if you were the first one to think of it. It doesn’t matter who wrote it on paper first because people only remember who brought it on the market and made it available for them.

Also, idea-theft is something that happens quite a lot in these modern ages. So, with all of this out of the way, let’s take a look at some of the methods that you can utilize to protect your ideas.

Source:manchestereveningnews.co.uk

Don’t share it with anyone

It might sound a bit easier than it is, and we know that, but you should give your best to not share your invention with anyone until it’s fully protected and ready to go. Usually, people get hyped when they think of something cool and innovative, so they immediately want to tell their friends. However, this can be a huge mistake, especially if you tell it so someone who wants to abuse your creativity and use it for their cause. ThriveGlobal.com is a website where you can learn some more details about the protection of valuable ideas and achieving goals.

The reasons why people tell their ideas to others is either because they want to get feedback from them, or they’re asking for help, either in a financial form or in the form of constructive criticism. Either way, you should avoid doing it as much as possible.

Ensure that people know you as the original creator

Now, this is the part that’s helpful to all those who have to share their ideas with the public, whether because they need funding or something similar. One of these examples is crowdfunding campaigns created on sites such as Kickstarter or GoFundMe. If you decide to do something like this, we advise you to do everything it takes to let the public know that this is your idea. The internet “remembers”, so everything that’s posted there will serve as evidence for a very long time, use it to your advantage.

If the Kickstarter campaign has your name on it, and people know that you are the one who came up with that invention, idea, or whatever it is that you’re trying to get funded, it will be quite difficult for others to steal it. There will be always at least one person that will back you up and point others to the evidence.

Source:entrepreneur.com

Sign agreements with your partners

Signing agreements is a great way to ensure safety to both sides. If you are looking for a partner to help you bring your newly-crafted idea to life, or you’re just looking for funding from an investor, agreements are the way to go.

Now, we don’t say that loopholes in the law don’t exist and that hiring a very good lawyer cannot “bend” the situation in the favor of the person who has a lot of money, but, this is still a very solid protective measure. Agreements are easy to craft, you can do them all by yourself. They can be as simple as NDA’s in which both parties state that nothing private will ever come out until the product is finished and selling on the market.

Sometimes investors will ask you to sign other types of documents before they give you money for your invention. Make sure to review these thoroughly and possibly with a lawyer by your side, it can save you from getting scammed.

Do a background check on your investors

Last but not least, it is very important to do a complete background check on your investors to check if anything “shady” happened with them in the past. For example, companies such as Tencent are known for a lot of information-stealing done in the past, so other companies nowadays are quite careful when it comes to collaborating with them. We’re not bashing on anyone, just stating an obvious fact. Reputation matters, and if someone is known for stealing the ideas of others, you should avoid collaborating with them.

Source:wsj.com

Conclusion

A solid invention can help you achieve a lot of wealth, but what matters the most is to bring it to life without allowing anyone to steal it out of your hands. Things like these happened in the past, which is why we decided to inform all of you about the importance of being careful, and taking every extra step towards the perfect preventive measures. Remember to stay safe and keep inventing.

7 Best Ways to Build an Impressive Resume

Crafting a resume is one of the most stressful aspect of applying for jobs for many people. The document should be a simple, effective way to get your qualifications across to an employer. However, it’s tough to perfect the art of resume writing!

Of course, you should always include your education, relevant experiences, and licenses or certifications. But what are the ways to improve your resume that applicants overlook?

Here are the six best ways to build an impressive resume.

Source:searchenginejournal.com

1) Strategic Formatting

Always make your resume easy to read. After all, no employer will know what you can do if they can’t make heads or tails of it! You don’t format it like a novel. Concise bullet points with bold titles make for easy organization and easy-to-read formatting.

One strategic formatting tip is to keep your roles, companies, and dates listed in the same columns each time you start a new section. That way, the interviewer can scan their eyes straight down the page without adjusting to a new format with every section.

You should also choose a simple font. Many people stress about the font that feels “right” for them but keep that for your name at the top. The rest should be a simple font, like Times New Roman, Arial, or whatever seems most appropriate for the kind of position you’re pursuing.

Formatting also entails the structure of your content. If certifications make you stand out in your field from other candidates, emphasize these accomplishments by placing them at the top in a section of “Education” or “Skills.” For example, contractortrainingcenter.com has many different exams that allow you to earn contracting certifications. These would be appropriate to highlight on your resume if you were seeking a career in the construction industry.

2) Quantifiable Data

When you write out positions you have within a company, you often want to accompany this information with the job requirements. Most people have bullet points that describe the position they had. However, you should also ensure that these bullets have quantifiable accomplishments, rather than vague statements.

Instead of saying something like, “led new store openings throughout the world,” say something specific with quantifiable results, such as “led new store openings in eight new countries across Europe.”

This small change is eye-catching and underscores concrete improvements you created for your previous job. You don’t have to detail every accomplishment you’ve had – the biggest ones will work to keep your resume short and sweet.

3) Honesty

Source:shrm.org

Not everyone has extensive experience with big company names, and that’s okay. It’s more crucial that you tell the truth at all times. Instead of making up new roles, or fudging what you’ve done, make the qualifications you have sound stellar.

It’s possible to get hired even if you have a blemish on your record. For example, it’s not impossible to get a job if you have been to jail – it may be more difficult for you than it is for others, but it’s all about how you present it.

Don’t forget that you also have an interview process and other chances to get the real you out there in a positive light.

4) Best Qualifications “Above the Fold”

Though we’d like to think it’s not true, most employers only read the first half of every resume they need to consider. That’s why you should keep your best qualifications “above the fold,” or within the first half of the document. This way, you’re putting your most impressive stuff where they’ll definitely see it.

The first one or two sections, including your name, is your first impression. It needs to be eye-catching so it will compel the hiring manager to keep reading. Since you’ve put your most relevant experience first, they will want to get a better picture of who you fully are as a worker right from the start.

5) Update your Resume for the Job

Source:resumecoach.com

You should have a resume that lists all your professional experiences. This also means you should update it frequently with any jobs, volunteer opportunities, or classes that you may take throughout your career. You should take things off your resume by the oldest item first. It’s also possible to have a CV on hand, which is a more appropriate place for all your experience.

You can take this a step further by having separate resumes for each type of position you apply for.

Looking for keywords in the job description helps with this. If you have the skills in the exact way the employer wants, it’s great to write them down. It’s a surefire way to get noticed, and tell your potential employer that you’ve been paying attention to their listing in particular.

6) Use Common Sense With Contact Info

You should always put contact information in your header. However, you don’t have to put everything – usually a phone number and email address are all they need. Your address will usually only work in your favor if you already live in the area, which means you’re ready to work whenever they need you.

Make sure you have a professional email address to use! This means no addresses from when you were in high school, or from your current job. The easiest way to ensure you have a good email is to connect it to the name you use for your applications.

7) Always Build For Connections

As a final tip, always be sure to introduce yourself warmly to everyone you meet. It will make your working life more pleasant and open the gateway for fantastic references that you can easily use.

Depending on who they are, your references can give you an easy “in” – always make sure to ask their permission first!

Source:businessnewsdaily.com

In Conclusion

Writing a great resume is daunting, even for many highly qualified people. If it doesn’t look right, it can cost you excellent opportunities down the line.

However, with these six steps, you’ll be well on your way to creating the most impressive resume you can muster.